See more : Harima-Kyowa Co.,LTD. (7444.T) Income Statement Analysis – Financial Results
Complete financial analysis of Microvast Holdings, Inc. (MVSTW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Microvast Holdings, Inc., a leading company in the Electrical Equipment & Parts industry within the Industrials sector.
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Microvast Holdings, Inc. (MVSTW)
About Microvast Holdings, Inc.
Microvast Holdings, Inc. provides battery technologies for electric vehicles and energy storage solutions. It delivers cutting-edge battery systems that empower a sustainable future. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks. It operates China, rest of the Asia Pacific, Europe, and the United States. Microvast Holdings, Inc. was founded in 2006 and is headquartered in Stafford, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 306.62M | 204.50M | 151.98M | 107.52M | 76.43M | 174.24M |
| Cost of Revenue | 249.39M | 195.42M | 194.72M | 90.38M | 76.67M | 153.39M |
| Gross Profit | 57.23M | 9.07M | -42.74M | 17.14M | -231.00K | 20.85M |
| Gross Profit Ratio | 18.66% | 4.44% | -28.12% | 15.94% | -0.30% | 11.97% |
| Research & Development | 45.00M | 43.51M | 34.39M | 16.64M | 26.00M | 32.45M |
| General & Administrative | 97.29M | 104.57M | 101.63M | 18.85M | 15.17M | 32.99M |
| Selling & Marketing | 23.61M | 22.61M | 21.43M | 13.76M | 15.71M | 13.40M |
| SG&A | 120.91M | 127.18M | 123.06M | 32.61M | 30.88M | 46.39M |
| Other Expenses | 0.00 | -1.67M | -6.13M | -3.00M | -3.24M | 0.00 |
| Operating Expenses | 165.91M | 169.02M | 151.32M | 46.25M | 53.63M | 73.14M |
| Cost & Expenses | 415.30M | 364.44M | 346.04M | 136.63M | 130.30M | 226.53M |
| Interest Income | 981.00K | 3.18M | 446.00K | 571.00K | 884.00K | 0.00 |
| Interest Expense | 0.00 | 3.32M | 5.41M | 5.74M | 6.35M | 0.00 |
| Depreciation & Amortization | 22.93M | 22.58M | 20.71M | 16.79M | 15.39M | 12.75M |
| EBITDA | -80.85M | -132.27M | -180.36M | -11.09M | -38.81M | -45.24M |
| EBITDA Ratio | -26.37% | -66.24% | -120.30% | -10.32% | -49.37% | -25.97% |
| Operating Income | -108.68M | -159.95M | -194.06M | -29.11M | -53.86M | -57.99M |
| Operating Income Ratio | -35.45% | -78.22% | -127.69% | -27.07% | -70.47% | -33.28% |
| Total Other Income/Expenses | 2.28M | 1.78M | -12.42M | -1.52M | -5.28M | 3.72M |
| Income Before Tax | -106.40M | -158.17M | -206.48M | -33.62M | -59.47M | -54.27M |
| Income Before Tax Ratio | -34.70% | -77.35% | -135.87% | -31.27% | -77.81% | -31.15% |
| Income Tax Expense | 10.00K | 33.00K | 5.01M | 1.00K | 189.00K | 6.43M |
| Net Income | -106.34M | -158.20M | -211.49M | -33.63M | -59.66M | -100.03M |
| Net Income Ratio | -34.68% | -77.36% | -139.16% | -31.27% | -78.06% | -57.41% |
| EPS | -0.34 | -0.52 | -1.14 | -0.34 | -1.70 | -161.90 |
| EPS Diluted | -0.34 | -0.52 | -1.14 | -0.34 | -1.70 | -161.90 |
| Weighted Avg Shares Out | 310.91M | 303.28M | 185.90M | 99.03M | 35.05M | 617.88K |
| Weighted Avg Shares Out (Dil) | 310.91M | 303.28M | 185.90M | 99.03M | 35.05M | 617.88K |
Source: https://incomestatements.info
Category: Stock Reports